Examples of Pershing Square Group in a sentence
The Company acknowledges that the Pershing Square Group may file certain provisions of this Letter Agreement and the Press Release as exhibits to its Schedule 13D pursuant to an amendment and the Pershing Square Group agrees that the Company will have the opportunity to review such amendment in advance of filing.
Except as the Parties may otherwise agree, for so long as Xxxxxxx Xxxxx remains a Director, the Pershing Square Group will not trade in Company securities (including Common Stock) during trading blackout periods generally applicable to Directors under the blackout calendar as currently in effect (as it may reasonably be modified from time to time on a good faith basis).
In addition, during the Standstill Period, the Pershing Square Group will not, and will cause Xxxxxxx X.
Paull as a Director, not an employee of the Pershing Square Group, or a member of Pershing Square, (iv) has no disqualifying attributes relating to his or her reputation, integrity and competence and (v) meets all director independence and other standards of the New York Stock Exchange and the SEC, to serve as a Director of the Company in place of Matthew H.
Except for such meeting, each member of the Pershing Square Group agrees that it will not, and will cause its controlled affiliates, directors, officers and employees not to, and will direct its agents, representatives, attorneys and advisors not to, discuss the CEO Search, or the conduct thereof, with any actual or potential candidate for the New CEO; provided, that, inadvertent or incidental discussions will not constitute a violation of this sentence.
Nothing in this Agreement shall modify, expand or limit the obligations of the Parties under the Confidentiality Agreement; provided, however, the Parties acknowledge and agree that during any Interim Period, Xxxxxxx Xxxxx shall be prohibited from sharing any confidential information he learns in his capacity as a Director with the Pershing Square Group or Xxxxxxx X.
Paull will not be permitted to, and may not, provide information to, or engage in discussions with, members of the Pershing Square Group concerning or involving Confidential Material (as defined below) not related directly to the CEO Search and the conduct thereof; provided, further, that Matthew H.
The agreements of the Pershing Square Group and of Sachem Head Group are each solely for the benefit of and enforceable by the Company.
In addition, the Pershing Square Group and Sachem Head Group have determined no longer to consult with each other with respect to their investments in the Company and accordingly, during the Standstill Period, the Pershing Square Group and Xxxxxxx Xxxxx, on the one hand, and Sachem Head Group, on the other, agrees not to, and will cause Xxxxxxx X.
Paull will be permitted to, and may, provide information to, and engage in discussions with, members of the Pershing Square Group relating directly to the CEO Search and the conduct thereof, subject to the Pershing Square Group’s compliance with this Letter Agreement; provided, further, however, that Matthew H.